California Proposition 56 (2004)

California Proposition 56 (2004)

Proposition 56 was a proposition in the U.S. state of California on the March 2, 2004 ballot. It failed to pass with 2,185,868 (34.3%) votes in favor and 4,183,188 (65.7%) against. It was intended to penalize politicians for every day that the state budget is overdue. The proposition would also have lowered the threshold required pass a budget and enact new budget-related taxes to 55% from the 2/3 vote currently required. The 2/3 supermajority was created with the passage of California Proposition 13 in 1978. Prop. 56 was officially known as the "Budget Accountability Act".

See also: List of California ballot propositions 2000-present

Official summary

*Permits Legislature to enact budget and budget-related tax and appropriation bills with 55% vote rather than 2/3 vote currently required.
*Requires that Legislature, Governor permanently lose salary, expenses for each day budget is late.
*Requires that Legislature stay in session until budget is passed.
*Requires budget summary in state ballot pamphlet and link to Internet website with legislators' voting records on budget and related taxes.
*Requires 25% of certain state revenue increases be deposited in reserve fund, which cannot be used to increase spending.

Summary of Legislative Analyst's Estimate of Net State and Local Government Fiscal Impact:
*This measure would have varying state fiscal impacts from lowering the legislative vote requirement for budget-related spending and tax increases - including changes in spending and potentially significant increases in state tax revenues in some years. Fiscal impacts would depend primarily on the composition and actions of future Legislatures.

External links

* [http://primary2004.ss.ca.gov/propositions/prop56-title.html Voter Information Guide with text of Proposition 56]


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